Which of the following is the best reason why the price-earnings method is often used by investors to estimate the fair price of a stock?

a) Because the earning multiples are easily found in online financial databases.

b) Earnings per share is a known amount that is related to the payment of future dividends.

c) Because the price-earnings method gives the same answer as the constant growth method and is easier to compute.

d) The price-earnings method has been shown to provide the most accurate price estimate.